R. L. Polk & Co. Names 'Hot' Cars of Summer
'Fun-To-Drive' and Prestige Vehicle Registrations Increase
SOUTHFIELD, Mich., July 7 -- According to R. L. Polk & Co., registrations of many coupes, convertibles and prestige vehicles peak during the summer months with 40 percent or more of total registrations falling between the months of May and August. Sporty and prestige vehicles, from the Lamborghini Murcielago to the Hyundai Tiburon, fall into this category.
"Summer is the season for pleasure driving and road-tripping throughout the country," said Lonnie Miller, director of Polk Analytical Solutions. "Judging by the vehicles that sell best during the summer months, people are choosing to drive sports cars, convertibles or prestige vehicles."
The top five vehicles with the highest percentage of 2003 annual sales made during the summer months were prestige models: Lamborghini Murcielago (48.0 percent), Lotus Esprit (47.6 percent), Acura NS-X (47.4 percent), Bentley Azure (47.3 percent) and the BMW M5 (45.1 percent). Annual unit registrations for these prestige specialty vehicles tend to fall in low volumes ranging from roughly 50 units for the Bentley Azure to over 1,500 units for the BMW M5.
While the overall market sold 34.9 percent of its vehicles in the summer of 2003, convertibles did nearly 40 percent of their business from May to August of last year. The convertibles with the highest percentage of 2003 summer registrations were the Bentley Azure (47.3 percent), Ford Mustang (45.7 percent), Chrysler Sebring (45.1 percent), Mazda Miata (44.7 percent) and the Saab 93 (44.7 percent).
About R. L. Polk & Co.
R. L. Polk & Co. is the premier provider of automotive information and marketing solutions. Polk collects and interprets global data, and provides extensive automotive business expertise to help customers understand their market position, identify trends, build brand loyalty, conquest new business and gain a competitive advantage. Polk helps automotive manufacturers and dealers, automotive aftermarket companies, finance and insurance companies, advertising agencies, consulting organizations, government agencies and market research firms make good business decisions. A privately held global firm, Polk is based in Southfield, Mich. with operations in Australia, Brazil, Canada, China, France, Germany, Italy, Japan, Mexico, the Netherlands, Spain, the United Kingdom and the United States. For more information, please visit http://www.polk.com/ .
Vehicles with the Highest Percentage of Their Annual Registrations During the Summer Months (May to August) Based on 2003 Retail Registrations Vehicles with over 40% Summer registrations excluding new introductions Segment Make Model % SUMMER REGISTRATIONS 1 PRESTIGE SPORTY LAMBORGHINI - MURCIELAGO 48.0% 2 PRESTIGE SPORTY LOTUS - ESPRIT 47.6% 3 PRESTIGE SPORTY ACURA - NS-X 47.4% 4 PRESTIGE LUXURY BENTLEY - AZURE 47.3% 5 PRESTIGE LUXURY BMW - M5 45.1% 6 BASIC SPORTY MAZDA - MIATA 44.7% 7 MID LUXURY BMW - 525 43.6% 8 UPPER MIDDLE KIA - OPTIMA 43.5% 9 PRESTIGE LUXURY BMW - 540 43.1% 10 BASIC SPORTY FORD - MUSTANG 42.8% 11 PRESTIGE SPORTY HONDA - S2000 42.3% 12 BASIC SPORTY CHRYSLER - SEBRING 41.9% 13 UPPER MIDDLE NISSAN - MAXIMA 41.7% 14 MID SPORTY CHEVROLET - CORVETTE 41.7% 15 MINIVAN KIA - SEDONA 41.6% 16 BASIC SPORTY DODGE - STRATUS 41.5% 17 BASIC ECONOMY PONTIAC - SUNFIRE 41.5% 18 PRESTIGE SPORTY BMW - Z8 40.9% 19 MINIVAN VOLKSWAGEN - EUROVAN 40.6% 20 MINIVAN OLDSMOBILE - SILHOUETTE 40.5% 21 BASIC SPORTY VOLVO - C70 40.4% 22 PRESTIGE SPORTY MERCEDES-BENZ - SLK 40.3% 23 MINI SPORT UTILITY HYUNDAI - SANTA FE 40.2% 24 BASIC ECONOMY CHEVROLET - CAVALIER 40.1% 25 PRESTIGE SPORTY DODGE - VIPER 40.1% 26 BASIC SPORTY HYUNDAI - TIBURON 40.0% Source: R. L. Polk & Co. Convertibles with the Highest % of Summer Registrations (May to August) Based on 2003 Retail Registrations Vehicles with over 40% Summer registrations Make Model % SUMMER 1 BENTLEY - AZURE 47.3% 2 FORD - MUSTANG 45.7% 3 CHRYSLER - SEBRING 45.1% 4 MAZDA - MIATA 44.7% 5 SAAB - 93 44.7% 6 BMW - 325 42.9% 7 AUDI - TT 42.8% 8 HONDA - S2000 42.3% 9 VOLKSWAGEN - NEW BEETLE 42.3% 10 BMW - 330 42.2% 11 CHEVROLET - CORVETTE 42.0% 12 BMW - M3 41.6% 13 DODGE - VIPER 41.3% 14 VOLVO - C70 41.1% 15 BMW - Z8 40.9% 16 MITSUBISHI - ECLIPSE 40.6% 17 AUDI - A4 40.5% Source: R. L. Polk & Co.